Banksia Grove at a glance
12,691
People
$852,750
Median sale
$720/wk
Median rent
4.39%
Suburb gross yield
Median sale from 112 recorded sales (last 12 months) — a Districts calculation.
WA › Banksia Grove › Teasel Way
$717,000
Last sold
26 Mar 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
450 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$717,000
26 Mar 2025 · derived via latest_sale
Local land rate: recorded House sales in Banksia Grove (last 5 years) with land size have a median of $2,000/m² of land (n=165). Districts calculation from recorded sales — not a valuation.
Banksia Grove at a glance
12,691
People
$852,750
Median sale
$720/wk
Median rent
4.39%
Suburb gross yield
Median sale from 112 recorded sales (last 12 months) — a Districts calculation.
Vs Banksia Grove
-15.9%
Median sale
Suburb $852,750
+0.83 pp
Gross yield
Suburb 4.39%
Suburb median $852,750 from 112 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 450 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $720/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 450 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Banksia Grove at a glance
12,691
People
$852,750
Median sale
$720/wk
Median rent
4.39%
Suburb gross yield
Median sale from 112 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Professionals Lagoon Real EstateWelcome to your new sanctuary at 53 Teasel Way, a stunning 4-bedroom, 2-bathroom family home situated in an enviable part of Banksia Grove. This property offers a serene lifestyle surrounded by nature, parks, and community amenities. Short stroll to Joseph Banks garden park & Honey Possum park, Joseph banks secondary college, skate park and bus transport. Only minutes drive to Banksia Grove village shopping precinct with 3 super markets, cafe's, eateries, a variety of gyms and more.
• Well thought-out spacious floor plan with multiple living areas, generous sized bedrooms, spacious entrance with study nook area and Alfresco outdoor entertaining
• Tiled thru-out the living, entrance and hallway areas. Recently professionally painted thru-out. Ducted air-conditioning. Stone benches. LED Lighting. Alarm system. Lush reticulated gardens
• Wide entrance with room for display cabinet
• Master bedroom with spacious walk-in robe and bathroom en-suite
• Great sized theatre room with double French door entry
• Open plan kitchen, dining and family room with glass sliding door to the outdoor Alfresco entertaining area
• Central kitchen with stone benches, Long breakfast bar, Large Westinghouse cooking appliances, Dishwasher, Double fridge recess with plumbed water outlet
• 2nd Queen-sized bedroom with Step-in robe
• 3rd Queen-sized bedroom with built-in robe
• 4th Queen-sized bedroom with built-in robe
• 2nd Bathroom with Deep bath, separate shower, vanity and heat lights. Separate toilet to hallway
• Laundry with built-in storage
• Good-sized Alfresco outdoor entertaining, Lush reticulated gardens this fruiting mango tree and lawn space for trampoline and play
• Rear neighbours are positioned at a lower level which is great for privacy and cool breezes
• Double remote control garage
DRIVE - 12 minutes to Joondalup Shopping Centre and Commercial area
- 10 minutes to Currambine train station and Mitchel freeway
- 12 minutes to the Local Beach
See you at the home open!
Listing description written by Leigh-Anne Batty, Professionals Lagoon Real Estate — reproduced as published, not verified by Districts.
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